Pre Market Movers - MarketWatch

Pre Market Movers - MarketWatch

Microsoft (MSFT:

Microsoft Corporation

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Last: 33.25+1.32+4.13%

MSFT 33.25, +1.32, +4.1%) rose nearly 4% in Frankfurt after it reported an 81% surge in quarterly profit, and lifted its fiscal-year sales and earnings outlook.

Alan Davis, an analyst at D.A. Davidson & Co, said the software giant's revenue was boosted by strong PC unit growth, more aggressive Vista revenue recognition, and the company's anti-piracy efforts.

Networking firm Juniper (JNPR:

juniper networks inc com

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Last: 26.30+1.70+6.91%

JNPR 26.30, +1.70, +6.9%) also impressed with its quarterly results, and E-Trade Financial (ETFC:

e trade financial corp com

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Last: 3.48+0.02+0.58%

ETFC 3.48, +0.02, +0.6%) rose nearly 10% in Frankfurt trade as it outlined a plan to cut costs by $360 million this year after reporting a $1.7 billion quarterly loss.

A number of industrials are reporting earnings, including Honeywell International (HON:

honeywell intl inc com

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Last: 56.20-0.30-0.53%

HON 56.20, -0.30, -0.5%) , which reported an 18% profit rise, and Caterpillar (CAT:

Caterpillar Inc

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Last: 65.25+0.17+0.26%

CAT 65.25, +0.17, +0.3%) .

Amgen (AMGN:

Amgen Inc

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Last: 46.12+1.37+3.06%

AMGN 46.12, +1.37, +3.1%) rose 2.5% in Frankfurt after saying its osteoporosis drug was more effective than one from Merck (MRK:

Merck & Co., Inc

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Last: 49.56-0.75-1.49%

MRK 49.56, -0.75, -1.5%) in postmenopausal women. Amgen also reported a flat quarterly profit.

Asian stocks rallied on Friday, with the Nikkei 225 jumping 4.1% in Tokyo and the Hang Seng up 6.7% in Hong.

European markets saw more modest advances, with the French CAC 40 up 0.4%.

Gold futures climbed, up $13.10 to $918.90 an ounce. The dollar also rose against both the euro and the yen.